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Lock Haven staff warn water fund shortfall as PUC mediation reduces expected rate relief

Lock Haven City Council · November 25, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

City staff told council PUC mediation likely reduces the city’s requested rate increase by about 42%, leaving the water fund roughly $182,000 short in 2025 and delaying repayment of an interfund loan; staff outlined cuts and operational impacts.

Lock Haven — During the public hearing on the draft 2025 budget, city staff told council that mediation with the Public Utility Commission (PUC) was likely to leave the city with substantially less rate relief than requested and that the water fund faces a multi‑hundred‑thousand‑dollar shortfall.

The city’s preliminary budget materials show the major funds combined at about $13.6 million. A presenter summarized the water‑fund outlook, saying mediation "perhaps will settle for about 42% less than the city's initial…

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